Syncada from Visa Named One of the Top 100 Logistics IT Providers for 2013

MINNEAPOLIS - Wednesday, April 17th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Syncada announced today that it has been selected by Inbound Logistics Magazine as a Top 100 Logistics IT Provider for 2013. Each year, Inbound Logistics’ editors examine technology providers’ capabilities and select the solutions with proven customer successes that directly address current transportation, logistics, and supply chain challenges.

“There is a real need in most organizations to manage inventory well and reduce costs while providing more frequent deliveries. Using software-as-a-service (SaaS) technology that provides real-time visibility into the cost of shipments across increasingly global supply chains is a smart way to get a handle on these challenges,” explained Kurt Schneiber, Chief Executive Officer at Syncada.

“We provide our customers with an automated freight audit and payment solution to reduce costs, increase supply chain visibility, and provide business intelligence that can truly make a difference for their businesses. In addition, we enable carriers to get paid faster while maintaining financial integrity, thanks to our network of banks,” said Schneiber. “Our entire team is honored to be part of this year’s Top 100 Logistics IT Providers and to be recognized by Inbound Logistics.”

The Top 100 list appears in the April 2013 issue of Inbound Logistics Magazine.

About Syncada

Syncada from Visa provides a business-to-business network for financial institutions to enable clients to increase control over their financial supply chains, regardless of language or currency. Syncada delivers standardized invoice processing and payment with integrated financing to corporate and government clients. Syncada processes invoices for hundreds of buyers and makes payments to tens of thousands of suppliers around the world. In 2012, Syncada processed more than US$21 billion in payments and millions of invoices and trade documents. Visit www.syncada.com for more information.

Contacts

Syncada

Kara Pritchett, 612-436-6311

kara.pritchett@syncada.com